EUR/GBP – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.83229 will continue.
Caution: A possible change in the direction of the resistance level at 0.83497 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83798 |
| 2nd High | 0.83514 |
| Next High | 0.83497 |
| Current Price | 0.83314 |
| Next Low | 0.83229 |
| 2nd Low | 0.83139 |
| 3rd Low | 0.83029 |